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rate of int for dealy in pymt of tds & its calculation

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(Querist)
31 January 2011 Dear Experts,

i want to know the latest rate of int for delay in payment of tds.

Suppose tds deducted in the month of oct 10, due date will be 7th nov 10.
But tds of oct 10 paid in 7th dec 10 then of how many months int will be payable?

its of 2 months int or
3 months int.

Thanks in advance,
Regards,
Sushil.
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B. Gopalkrishna Baliga

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B. Gopalkrishna Baliga (Expert)
31 January 2011 The Latest Rate of Interest Is 1.25%

2 months interest will have to be paid

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